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For over 50 years, Citi Global Wealth at Work has partnered with law firms to identify challenges and structure customized strategies to help achieve greater operating control, increase efficiency, reduce costs, minimize risk and monitor activities in real time.
Through our consultative advice, we help streamline your firms’ day-to-day operating needs through a broad range of treasury management strategies.
We know that when it comes to fund availability, liquidity management, security, and escrow services, our law firm clients benefit from efficiency and 24/7 operational control. Accelerate the availability of funds and payment information with ACH collections, remote and mobile check deposit, lockbox and merchant services for your Receivables Management.
How we serve you
Optimize the interest-earning power of idle cash balances, while maintaining liquidity with a range of deposit accounts, including money market accounts, certificates of deposit, and deposit products.
Improve your working capital through the management of your payables operations. Increase efficiency with electronic solutions such as ACH origination and batch wires; manage cross-border payments with foreign exchange advisory.
Access
We understand your business requires the flexibility to view accounts and carry out transactions whenever the need arises.
Our services enable account access and global transactions 24 hours a day via phone, the CitiBusiness® online mobile app and our website.
We offer real-time and historical reporting, the ability to customize and schedule reports, and daily transmissions in standardized formats supported by many global institutions and platforms via SWIFT, BAI2, and EDI.
Our robust global organization
Citi does business in more than 160 countries and jurisdictions globally.
As a trusted partner to institutional clients, we provide cash management and trade solutions to 90% of Fortune Global 500 companies.
Whether your firm or Citi acts as an escrow agent, we offer services for the efficient administration of your accounts to help reduce your administrative burdens through our Escrow Services.
If you’re looking for a trusted partner for your treasury needs, then our dedicated law firm treasury management team could be the right fit for you.
Integrated services
We offer a range of specialty services for businesses.
These include security deposit account services for real estate enterprises; escrow services for law firms, whether your firm or Citi acts as escrow agent; and fund administration and demand administrator account services for private equity firms.
Our robust anti-fraud services can also help businesses manage risk. We offer basic, full or partial reconcilement processing with Positive and Match Pay anti-fraud check security features. We also support ACH Debit Blocks and ACH Positive Pay.